The Lake Charles echo. [volume] (Lake Charles, Parish of Calcasieu, La.) 1876-1898, 1887-10-21


Eseora ot gov MsE9srys administration has
The situatlen Al tbs outset Of hikad10inia.
1r4t39n 8ag ast feTfA #. his first faeagare.
+, since tie adolti1n 81 fbs deljt ga jrJaneA
w finances q tie state have been ms
estl9qs 9gubt aistraet and likRation have
1E9gghF fae credit eft the State 10 kiseh 4
EfhAf thHt efeIy good Citizen ID Mnxioua for
Ca lnf2tofl Of hef credit and honor. IL
~ 49, s 7. s5 wv atea ~ e9Ipatens men that
me unfortunate debt itnbraRiig h8g heaa
more th1s TIE entire debt Of tbs ataia.B
Inc cFedltqrg had refused fB aeesp3 fhe
,It5g,asea se55sleiaett sna large Sums 0f money
han accnIn ulatea IN the tlseal agency, Wbere
vas led up by injunctsens Through federal
"A petition waa resolved by ths Governor,
aianed BIZ g isgge nilmbef 0f hanahBlfara
and 'ottleR deepiF sntersstsd In the WelieEe
q ne state requesting Coy. MeAneFy 10
recommend H. lie GeaeFsi Assembly EBd "a
he peprls > final ssttiement on the basis n
Z per cent interest psr AiinsIn from Jan. i,
ThiR petition was Supplemented BY an ear.
hest prayer Of merchants sud cttlzena to the
Geaeral Assembly, embracing the signatures
q nearly ~ the business men Of New Or
Cor. MeRnery eordsally ii1lloraetS this Yaeas.
ufe 20 t9a General Assembly, saying:
/, ~ shib propagation IL FeceiRad fasgrably
5ileEs Hill lAe large amount Of capital aeek-
has been practically excluded, will GOMEZ n
capri al &1aa Immigration flow IN the saFlgs
chantels 4ndistaaal eFsdit is not anFeasgn.
atsy aasoe1sbsa with public credit hg those
VIE seek tor Vie safety 81 their investments.
! respectfully recommend the settlement
pFepoaed, ENd that Bn amendment 10 the
| Constitution carrying y out be submitted W
I the people
The results predicted have been realized.
/ Litigation ceased, e0ntlasnes waB restored al
4 home and abroad cred s0FF accepted the cot.
/ 9lefnsnb oTE eonsQls we're lated 90 the Ex.
changes 9f New York and London at Tie Fe-
dnced rate Of interest, and the credit Of the
state steadily enhanced until the opening Of
| this eanlpaign, When the bonds were quoted
ae high ag ~ cents IN New York. 1he fiscal
anairs q t1ie stats were placed with i've 81
| have reeeded tie explanation must be sought
! I'd the ssnselaas agitation ok the debt QneBt
1 ton By the opponents 81 Coy. AeHneFy lie
4 illelr search fer pplitinei capital,
4 Fey 1877 and 1878, On an Assessments OF
4 say 81 m, 600, 600, There WGs collected about
4 B62s per cent 81 the taxes
In 1885 and 1885, on 81 assessment q
4 say s2l3t 900, GOO there Il being collected
over 90 per cent Of tire tax aud III two
thirds q the parishes 81 aas State COLLECTIONS
/ exceed g5 per cent OF thS corrected rolls
Alle percentage Of eollect5sns OF last years
/ fax, NA3eh heeaIae enzofeaabls Dec; 3 I /, paid
/ into the ~ tate tfeaenng during the first four
1nopshe Of 1887, waa greater tlan tha total
] percentage Of Tie ta1 Of 1877 on 1879 col
/ isetsa during the three succeeding years.
The aasesREaent f9E the year 1855 was
1 1917, COG, 0D0, and that fef 1897 will, from
1 present reports, reach 81 d. coo, geo.
4 IN NindaeAtion Qf the opinion that large
i hmpunt Of capital would seek Investment
! and immigration eoIpA, We Igsy point to the
4 sales of UFer A. 600, coo aelse Of publig
4 lands md large sales q private lands 81 en-,
I baReRd values, end to the eoBanlen cement 81
immigration TO VARIOUS sec tons Oh 440lis3ala
For laany years file ptaetice of lIeaisilR
4 possible revenues aas been fhe chief esiabe d
/ disopdered finances. Coy. Mcisnery AEFnest
1 ~ sought to 5Igpresg upon each General A.
ssmbiy tie necessity Of e9uhnlnR al pplQ
/ nounealneHb that 10 would veto Al bills u
excess of probable revenue the creation D.
/ HeatiHg debt YVES st9ppsd
4 ALI warrants Tor bhs c5nBti tntioual officers
and general eEpeasss u t3F state govern,
nenB are paid ~ casa for the year 1887 a
| issued, and 20 healtllful Wns the condition q
4 tlae geneIsl fund fer taiE year thst no dith
/ advances ~ ~ per cent on Tie warrants q
I6s wRTraISss 81 those institutions from
4 Jan. \, 1897, arc no logger sold or The mar,
4 ket Hnd cannot Pc bought W ainetE-tiYe eeBti
COY. tleFnarys friends do not clhiTn thal
/ al Of the improvements aDd Prog ress made
4 III this tate during tie paHt biz years u due
Eu3e6g W 9lit13 Oh llAS 6iitdf4AllNaAAtlD33s
HIS fiiendG CLAIM that he hag been 40 ear,
nAat, energetic, pEaqt3eei, worker ia behalf
4 d the AGRICULTURAL, ildaRtriat s1d Hnaneial
interests Ut he STATS With bold, broad a3lf
compfehensive views and plAas touching
every paRteTjal question eilectiAg tho people,
aid has tlfg promoted tho pl1 llle @eitahe,
4 He Ing been anreEat fsitlH ~ hig deyofien n
1 The duties 81 lfte office, and when TIC aMl
/ wore silent Of inadequate To t1e neGessi4 ~
4 hiH people he hes been ready not only VITA
| proper Tenledies bit las insaEtently I'M
4 pressed Ills views upon ths LesiElatane esae
/ BUbIio opinion until relief has been found.
! His LIE and hig services are before Tie pub
lie fof calm md thougltfal inYosiigRtlen ol
I dis1aHf1on.
Bis hopes ambitious and sileetienR ere ii
Beparalsig 3spked wish the ogress and doyei
4 obnlent 81 his State and The supremacy b
! lie Democratic party.
His fiSendg feel that lie has won the righ
70 celm and impartial egnnination q III
record With the claims u ether dege{gipl
Democrats, and diecigi y the elighteAt dasiFl
ueon their part, or bis, 10 dearapt 9rofa To-
motifs Oh services o8 ans otlAer cltizep nj ~
State.